XDTE vs. RBIL

Last updated Aug 6, 2026

XDTE (Roundhill S&P 500 0DTE Covered Call Strategy ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - XDTE is a Derivative Income fund actively managed by Roundhill, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. XDTE is actively managed, while RBIL is passively managed. Over the past year, XDTE returned 21.42% vs 3.81% for RBIL. Their -0.23 correlation means they have often moved in opposite directions in the past. XDTE charges 0.97%/yr vs 0.17%/yr for RBIL.

Performance

XDTE vs. RBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDTE achieves a 11.29% return, which is significantly higher than RBIL's 2.61% return.

XDTE

• 1D: 0.05%
• 1M: 2.01%
• 6M: 9.93%
• YTD: 11.29%
• 1Y: 21.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.24%

RBIL

• 1D: -0.03%
• 1M: 0.18%
• 6M: 2.25%
• YTD: 2.61%
• 1Y: 3.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	$1.19M	$1.87M	$2.26M
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	$7.06M	$7.78M	$7.52M

XDTE vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	11.29%	10.49%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.61%	2.85%

Correlation

The correlation between XDTE and RBIL is -0.23, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.23
Correlation (All Time) Calculated using the full available price history since Feb 25, 2025	-0.23

Return for Risk

XDTE vs. RBIL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XDTE

XDTE Risk / Return Rank: 71
XDTE Sharpe Ratio Rank: 69
XDTE Sortino Ratio Rank: 65
XDTE Omega Ratio Rank: 68
XDTE Calmar Ratio Rank: 71
XDTE Martin Ratio Rank: 80

RBIL

RBIL Risk / Return Rank: 97
RBIL Sharpe Ratio Rank: 98
RBIL Sortino Ratio Rank: 98
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 96
RBIL Martin Ratio Rank: 97

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XDTE vs. RBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XDTE	RBIL	Difference
Sharpe ratio: Return per unit of total volatility	1.82	3.98	-2.16
Sortino ratio: Return per unit of downside risk	2.45	6.13	-3.67
Omega ratio: Gain probability vs. loss probability	1.33	2.00	-0.67
Calmar ratio: Return relative to maximum drawdown	2.80	6.80	-4.00
Martin ratio: Return relative to average drawdown	11.88	27.52	-15.63

XDTE vs. RBIL - Sharpe Ratio Comparison

The current XDTE Sharpe Ratio is 1.82, which is lower than the RBIL Sharpe Ratio of 3.98. The chart below compares the historical Sharpe Ratios of XDTE and RBIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XDTE vs. RBIL - Drawdown Comparison

The maximum XDTE drawdown since its inception was -19.09%, which is greater than RBIL's maximum drawdown of -0.56%. Use the drawdown chart below to compare losses from any high point for XDTE and RBIL.

Drawdown Indicators

	XDTE	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-19.09%	-0.56%	-18.53%
Max Drawdown (1Y) Largest decline over 1 year	-7.68%	-0.56%	-7.12%
Current Drawdown Current decline from peak	0.00%	-0.22%	+0.22%
Average Drawdown Average peak-to-trough decline	-2.25%	-0.08%	-2.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	0.14%	+1.67%

Volatility

XDTE vs. RBIL - Volatility Comparison

Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) has a higher volatility of 3.60% compared to F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) at 0.28%. This indicates that XDTE's price experiences larger fluctuations and is considered to be riskier than RBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDTE	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	0.28%	+3.32%
Volatility (6M) Calculated over the trailing 6-month period	9.33%	0.89%	+8.44%
Volatility (1Y) Calculated over the trailing 1-year period	11.84%	0.96%	+10.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.85%	1.06%	+12.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.85%	1.06%	+12.79%

XDTE vs. RBIL - Expense Ratio Comparison

XDTE has a 0.97% expense ratio, which is higher than RBIL's 0.17% expense ratio.

Dividends

XDTE vs. RBIL - Dividend Comparison

XDTE's dividend yield for the trailing twelve months is around 31.42%, more than RBIL's 4.16% yield.

Position	TTM	2025	2024
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.16%	3.65%	0.00%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	31.42%	39.16%	20.35%

Frequently Asked Questions

Can I hold both XDTE and RBIL in my portfolio?

XDTE and RBIL have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XDTE or RBIL?

XDTE has higher volatility (3.60%) compared to RBIL (0.28%). In terms of maximum drawdown, XDTE dropped -19.09% vs RBIL's -0.56%.

Which ETF is better, XDTE or RBIL?

On 1-year performance, XDTE leads with 21.42% vs 3.81% for RBIL. On fees, RBIL is cheaper at 0.17% per year. On volatility, RBIL has been the lower-risk option at 0.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XDTE or RBIL?

Over the 1-year period, XDTE has performed better with a 21.42% return vs 3.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XDTE or RBIL?

RBIL is cheaper with a 0.17% expense ratio, compared with 0.97% for XDTE.

Which ETF pays a higher dividend yield, XDTE or RBIL?

XDTE has the higher dividend yield at 31.42%, compared with 4.16% for RBIL.

What is the main difference between XDTE and RBIL?

XDTE is categorized as Derivative Income, while RBIL is Inflation-Protected Bonds. They also come from different issuers: Roundhill and F/m. Their fees differ too: 0.97% for XDTE and 0.17% for RBIL.

Which has better risk-adjusted returns?

RBIL currently has the higher Sharpe Ratio (3.98 vs 1.82), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.